Cyanconnode Share Discussion Threads

[realist1950] 28/2/2018 22:48

The growing consternation regarding the UK's Smart Meter roll-out, illustrates well the 'many a slip twixt cup and lip' nature of this sector and indeed new technology more generally; these difficulties arising in a developed western market economy, let alone a developing marketplace where the uncertainties and risks must surely be more inherent (?)

[lwaxf13] 28/2/2018 16:38

And whilst down the golf club, with other world leading big hitters, claim full bragging rights to share value destruction.

Does someone need to explain to these people that it is not considered successful to oversee share price destruction and the general idea is to get the share price up?

[owenski] 28/2/2018 15:46

world class management team gotta eat too, and receive consultancy fees, golf club memberships aren't free y'know.

[stav5001] 28/2/2018 15:45

Market leading...... destruction of LT shareholder value!

Do CYAN have a smart meter for measuring the parabolic erosion of its LT share-price, and constant and alarming rate of dilution.

Why is the cash burn so high, when we have such a world class management team?

[montjuic] 27/2/2018 23:44

I'm sure you're going to tell us....

[realist1950] 27/2/2018 18:47

Hi John, sarcasm to one side, thank you for highlighting that. But why didn't the BOD mention it was Bangladesh in their official RNS to the market??

[johnwall] 27/2/2018 17:35

realist1950

You're being even more altruistic than normal today - so selfless of you to give so much of your time posting with no motive other than saving CYAN shareholders from their own folly. We really are fortunate to have a guardian angel like you looking after our interests.

But do keep up - the FinnCap note commenting on the January RNS stated that the delay was to the contract "in Bangladesh via meter provider NIK"

So no great mystery

[cancun tango] 27/2/2018 16:26

Multibagger, are you still holding here?

[dreamtwister] 27/2/2018 10:17

capita springs to mind ! as dcu not gone live due to lack of funds, plus government approval due to security issues.independent inquiry results due october.or a simple case of the new finacle year to be eligible for tax credits with the back drop of further dilution come april placings.

[realist1950] 27/2/2018 10:06

tonyj
Posts: 1,812
Observation
Opinion: No Opinion
Price: 13.75
SPToday 09:57

All. I never thought for one moment that we would be hovering around 14p.

....................................

tonyj - I've got news for you: others did.

Your posts should come with a wealth warning.

[realist1950] 27/2/2018 09:54

If the delayed contract is not Iran......then who is it?

And if not Iran, why has no revenue come in from that 'landmark' order? After all it was secured very nearly two years ago.

By not naming the delayed party, we are all left rather foxed (now and going forwards) as to who is and who isn't paying.

Not good.

Indeed the nature of the BOD's RNS' for the past 5 months or so have been a shower imo.

All written without prejudice and all in my opinion.

[realist1950] 27/2/2018 09:49

Once again, if anyone here or indeed over on the LSE can tell me WHICH contract is 'delayed', I'd like to know.

If they are unable to answer that question, this in itself raises further questions does it not?

Also, can we assume that the revenue as reported in early January is from order book conversion, small scale trial or indeed from Connodes existing business?

Thoughts?

[realist1950] 27/2/2018 09:34

So...

to summarise, I ask the following:

Just the one delayed contract? If so, WHO?

OR

One officially delayed contract and delayed order book conversion for pretty much every other customer too?

Which is it?

At the last count and given CYAN's poor FY revenue figures, it looked to me like the latter.

With cash now dwindling, the >£16M market cap looks increasingly heady imo.

Is the company worth that?

My view is that the company will, in order to remain as a going concern, be looking to raise more money from the market soon.

All in all I think the valuation is flattering.

AIMO.ADYOR etc.

[realist1950] 27/2/2018 09:06

The BOD have talked about order book conversion for a long time now.

In the case of Iran, it was a deal 'done' almost two years ago (in April 2016).

!

Are cyan shareholders to guess that this is that the delayed contract?

If not, is it Bangladesh?

Or India?

Given that CYAN has been promising money inflow from India for a decade, and have never achieved a significant result, should shareholders consider delays from India are in fact a given and look elsewhere?

The Iranian situation (for international trade) is very uncertain.

The UK smart meter roll out is up for review and greater scrutiny (as reported in the UK press).

[realist1950] 27/2/2018 08:55

At midnight tomorrow February comes to an end.

March begins.

And with the dawn of a new month, a cursory glance over the shoulder sees the smouldering pile of another £1M (at my estimations, at least) burnt.

The cash situation is now a long, long, way from that 'recent' placing last September.

In that time, we've had news of a major contract being delayed, yet from what I've read, it seems that shareholders have not been told WHICH contract exactly. WHY is that?

Does anyone know? (Genuine question).

That's pretty poor in itself, for if each contract was deemed RNS worthy to announce individually, if a delay to any one contract arrives, it should be deemed note worthy to say WHICH one.

Perhaps by not specifically naming the delayed contract they have given themselves an element of wriggle room in the event of others not coming in. That's just my speculation.

But having looked at the revenue figures of Connode (pre CYAN acquisition) and then looked at CYAN's FY revenue figures for the GROUP (ie post acquisition), it looks very much to me that the old CYAN faction has delivered very, very little in terms of revenue.

This is what I was trying to highlight the other day in asking people if anything looked odd about Connodes accounts and latterly Cyanconnodes accounts (post acquisition)......and indeed how that levels with CYAN's promise of order book conversion.

Personally (and this is just my view) it looks very much like the company (the group) is taking very little money from new sources.

All in my opinion. ADYOR.

[inthetin] 26/2/2018 16:44

Sorry, ? in wrong place. Don't you just hate that?

[inthetin] 26/2/2018 16:42

Isn't it Mr Big's leaving CYAN. The £56 trade was a sell?

[lwaxf13] 26/2/2018 13:28

Mr Big might have heard this will be the best thing since sliced bread. Sold his Wendy house and piled in here for a lucrative future return ;-)

[owenski] 26/2/2018 13:24

73 whole bloody quid??? Jeez, plus charges. Probably rounds up to a ton,

Mr big comes to CYAN, lol

[lwaxf13] 26/2/2018 13:05

522 shares traded. Let me get my calculator out. That's about £73!!! This must be the best kept secret of a world leading company ever!!! With big investors throwing £73 around this is the best thing since sliced bread.

[realist1950] 23/2/2018 21:41

Cancun Tango, sorry, I missed your PM.

You now have mail.

[lwaxf13] 21/2/2018 11:55

Secret squirrel approach because they have nothing to say more like. What can they say? I doubt anyone believes a word they say.

[realist1950] 21/2/2018 08:27

More nuggets of (sh*te) by Tonyj:

"The flaunting bit has always been a worry to me, most bosses brag, after all they are trying to sell the company. JC has opted for this secret squirrel approach which is OK to a point. Now CC has to be talked up, website took a leaf out of Connode book but there has to be more. Lets face it Connode ran into trouble and JC took advantage of situation which transpired to be a necessity or we were definitely out of the race without IPv6 "

He thinks CYAN haven't bragged and have adopted a secret squirrel approach.

You couldn't make it up!

[realist1950] 21/2/2018 08:19

J*seus wept. The temerity of this guy knows no bounds.

Talk about 'pot kettle black'.


tonyj
Posts: 1,792
Observation
Opinion: Weak Buy
Price: 13.85
RE:HelloTue 11:34Hello stedon.. Dont talk daft, these contracts will stabilise share price whilst others Bangladesh, Iran etc will push us forward. Get a new pair of glasses, you have no vision, LOL. It's not that easy being a director. You would do well in the Opposition Party, criticise but have no responsibilities.

[lwaxf13] 20/2/2018 17:29

It's fortunate Cyan is not dependent on UK smart meter roll out. A very negative piece about the rollout in today's Daily Mail.